1/5
#Cardano focuses on its technology roadmap and development ecosystem, and not on developing business with specific partners who, among other things, sell retail tokens, such as #Solana.
#Cardano focuses on its technology roadmap and development ecosystem, and not on developing business with specific partners who, among other things, sell retail tokens, such as #Solana.
2/5
Solana is the most centralized Layer 1 blockchain. 48% of the total token supply went to venture capitalists and insiders.
Any claims that Solana will become more decentralized over time is irrelevant when looking at how the token is being promoted.
Solana is the most centralized Layer 1 blockchain. 48% of the total token supply went to venture capitalists and insiders.
Any claims that Solana will become more decentralized over time is irrelevant when looking at how the token is being promoted.
3/5
Most of the transactions are voting "transactions" (part of the Solana consensus). Solana is basically artificially pumping her numbers.
In general, this means that Solana shows 2000 TPS on her browser, but 1680 TPS are consensus votes and not actual transactions.
Most of the transactions are voting "transactions" (part of the Solana consensus). Solana is basically artificially pumping her numbers.
In general, this means that Solana shows 2000 TPS on her browser, but 1680 TPS are consensus votes and not actual transactions.
4/5
Only 300 TPS are actual transactions.
Projecting that to [the theoretical network capacity of] 65K would result in only 10K actual TPS.
Also, your network starts to get congested if it is reaching around 50% capacity, which would be a true 5K TPS for Solana.
Only 300 TPS are actual transactions.
Projecting that to [the theoretical network capacity of] 65K would result in only 10K actual TPS.
Also, your network starts to get congested if it is reaching around 50% capacity, which would be a true 5K TPS for Solana.
5/5
In its current form, Solana is as centralized as BSC. The top 12 validators have the cumulative power to stop the network.
These cheaper and faster centralized chains will put the crypto industry to the test.
How much do people value decentralization?
In its current form, Solana is as centralized as BSC. The top 12 validators have the cumulative power to stop the network.
These cheaper and faster centralized chains will put the crypto industry to the test.
How much do people value decentralization?
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